Issue - meetings

Recommended: That Council agree a decrease in the 2015/16  capital programme of £901k as detailed in the report and contained in Annex A.

Reason:              To enable the effective management and monitoring of the Council’s capital programme.

Consideration was given to a report which set out the projected out turn position for the 2015/16 Capital Programme which included any adjustments and requests to re-profile budgets between years.

It was noted that the Capital Programme approved by Council in February 2015 had, following earlier adjustments and the decrease in the current monitor of £901k, resulted in a revised Capital Programme of £94.389m.

Members were informed that the decrease was, in the main, due to the reprofiling of budgets in future years and that offsetting this was a net increase of £60k due to an increase of external contributions.

Recommended: That Council agree a decrease in the 2015/16  capital programme of £901k as detailed in the report and contained in Annex A. ^1.

Reason:              To enable the effective management and monitoring of the Council’s capital programme.